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Examine the need for formalisation of the Food processing industry and discuss how Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) will help in the process.

Approach:

• Introduce by giving a brief overview of Food Processing Industry in India
• Enumerate the need for formalisation and how it will benefit the economy
• List the major provisions of the PM-FME scheme and elaborate on the benefits of the provisions
• Way Forward and Conclusion